Refusing to issue a stay on the proposed exit conference for the audit of the power distribution companies (discoms), the Delhi High Court on Thursday directed the discoms to participate in the conference with the Comptroller and Auditor General (CAG).
The discoms had approached the high court, asking it to direct the government auditor not to proceed with its exit conference till they have been given an effective opportunity to participate in the audit process.
But a division bench of Chief Justice G Rohini and Justice R S Endlaw refused to stay the exit conference scheduled for October 12-14, where all the parties concerned will participate in a discussion, before the finalisation of the CAG’s report.
“Post the matter for October 15. Meanwhile you (discoms) are going to participate in the exit conference with whatever documents you have and if you face any difficulty (for not having all documents), we will hear the matter. The outcome of the exit conference will be brought to the notice of this court,” said the bench.
Appearing for the discoms, senior advocate Kapil Sibal had sought that they be provided with the detailed break-up of the alleged loss of over Rs 2,225 crore, computed by the government auditor, along with the methodology of computation for such figures referred to in the draft audit report.
The discoms had approached the high court with a plea to defer the exit conference as they had not been provided with the full draft report prepared by the CAG. The court had directed the government to provide the companies with the full draft report.